L'Oreal Chairman Jean-Paul Agon Attends Opening Of L'Oreal's First Research and Innovation Center in India

Bloomberg

Laurent Attal, executive vice president of research and innovation for L'Oreal SA, left, and Mohamed Kanji, director of research and innovation for L'Oreal India Pvt. Ltd., listen during a news conference for the opening of the company’s first research and innovation center in Mumbai, India, on Thursday, Jan. 10, 2013. L’Oreal SA, the world’s largest cosmetics maker, today inaugurated its new Indian R&I center. Photographer: Dhiraj Singh/Bloomberg via Getty Images

Laurent Attal, executive vice president of research and innovation for L'Oreal SA, left, and Mohamed Kanji, director of research and innovation for L'Oreal India Pvt. Ltd., listen during a news conference for the opening of the company’s first research and innovation center in Mumbai, India, on Thursday, Jan. 10, 2013. L’Oreal SA, the world’s largest cosmetics maker, today inaugurated its new Indian R&I center. Photographer: Dhiraj Singh/Bloomberg via Getty Images

L'Oreal Chairman Jean-Paul Agon Attends Opening Of L'Oreal's First Research and Innovation Center in India

Bloomberg

Pierre-Yves Arzel, managing director of L'Oreal India Pvt. Ltd., listens during a news conference for the opening of the company’s first research and innovation center in Mumbai, India, on Thursday, Jan. 10, 2013. L’Oreal SA, the world’s largest cosmetics maker, today inaugurated its new Indian R&I center. Photographer: Dhiraj Singh/Bloomberg via Getty Images

Pierre-Yves Arzel, managing director of L'Oreal India Pvt. Ltd., listens during a news conference for the opening of the company’s first research and innovation center in Mumbai, India, on Thursday, Jan. 10, 2013. L’Oreal SA, the world’s largest cosmetics maker, today inaugurated its new Indian R&I center. Photographer: Dhiraj Singh/Bloomberg via Getty Images

L'Oreal Chairman Jean-Paul Agon Attends Opening Of L'Oreal's First Research and Innovation Center in India

Bloomberg

Jean-Paul Agon, chief executive officer of L’Oreal SA, from left, Laurent Attal, executive vice president of research and innovation for L'Oreal SA, and Mohamed Kanji, director of research and innovation for L'Oreal India Pvt. Ltd., listen during a news conference for the opening of the company’s first research and innovation center in Mumbai, India, on Thursday, Jan. 10, 2013. L’Oreal SA, the world’s largest cosmetics maker, today inaugurated its new Indian R&I center. Photographer: Dhiraj Singh/Bloomberg via Getty Images

Jean-Paul Agon, chief executive officer of L’Oreal SA, from left, Laurent Attal, executive vice president of research and innovation for L'Oreal SA, and Mohamed Kanji, director of research and innovation for L'Oreal India Pvt. Ltd., listen during a news conference for the opening of the company’s first research and innovation center in Mumbai, India, on Thursday, Jan. 10, 2013. L’Oreal SA, the world’s largest cosmetics maker, today inaugurated its new Indian R&I center. Photographer: Dhiraj Singh/Bloomberg via Getty Images

L'Oreal Chairman Jean-Paul Agon Attends Opening Of L'Oreal's First Research and Innovation Center in India

Bloomberg

Laurent Attal, executive vice president of research and innovation for L'Oreal SA, right, and Jean-Paul Agon, chief executive officer of L’Oreal SA, listen during a news conference for the opening of the company’s first research and innovation center in Mumbai, India, on Thursday, Jan. 10, 2013. L’Oreal SA, the world’s largest cosmetics maker, today inaugurated its new Indian R&I center. Photographer: Dhiraj Singh/Bloomberg via Getty Images

Laurent Attal, executive vice president of research and innovation for L'Oreal SA, right, and Jean-Paul Agon, chief executive officer of L’Oreal SA, listen during a news conference for the opening of the company’s first research and innovation center in Mumbai, India, on Thursday, Jan. 10, 2013. L’Oreal SA, the world’s largest cosmetics maker, today inaugurated its new Indian R&I center. Photographer: Dhiraj Singh/Bloomberg via Getty Images

L'Oreal Chairman Jean-Paul Agon Attends Opening Of L'Oreal's First Research and Innovation Center in India

Bloomberg

Jean-Paul Agon, chief executive officer of L’Oreal SA, left, and Laurent Attal, executive vice president of research and innovation for L'Oreal SA, listen during a news conference for the opening of the company’s first research and innovation center in Mumbai, India, on Thursday, Jan. 10, 2013. L’Oreal SA, the world’s largest cosmetics maker, today inaugurated its new Indian R&I center. Photographer: Dhiraj Singh/Bloomberg via Getty Images

Jean-Paul Agon, chief executive officer of L’Oreal SA, left, and Laurent Attal, executive vice president of research and innovation for L'Oreal SA, listen during a news conference for the opening of the company’s first research and innovation center in Mumbai, India, on Thursday, Jan. 10, 2013. L’Oreal SA, the world’s largest cosmetics maker, today inaugurated its new Indian R&I center. Photographer: Dhiraj Singh/Bloomberg via Getty Images

L'Oreal Chairman Jean-Paul Agon Attends Opening Of L'Oreal's First Research and Innovation Center in India

Bloomberg

A L'Oreal SA employee works at the company’s first research and innovation center in Mumbai, India, on Thursday, Jan. 10, 2013. L’Oreal SA, the world’s largest cosmetics maker, today inaugurated its new Indian R&I center. Photographer: Dhiraj Singh/Bloomberg via Getty Images

A L'Oreal SA employee works at the company’s first research and innovation center in Mumbai, India, on Thursday, Jan. 10, 2013. L’Oreal SA, the world’s largest cosmetics maker, today inaugurated its new Indian R&I center. Photographer: Dhiraj Singh/Bloomberg via Getty Images

L'Oreal Chairman Jean-Paul Agon Attends Opening Of L'Oreal's First Research and Innovation Center in India

Bloomberg

Tools used in the lab sit at L'Oreal SA's first research and innovation center in Mumbai, India, on Thursday, Jan. 10, 2013. L’Oreal SA, the world’s largest cosmetics maker, today inaugurated its new Indian R&I center. Photographer: Dhiraj Singh/Bloomberg via Getty Images

Tools used in the lab sit at L'Oreal SA's first research and innovation center in Mumbai, India, on Thursday, Jan. 10, 2013. L’Oreal SA, the world’s largest cosmetics maker, today inaugurated its new Indian R&I center. Photographer: Dhiraj Singh/Bloomberg via Getty Images

L'Oreal Chairman Jean-Paul Agon Attends Opening Of L'Oreal's First Research and Innovation Center in India

Bloomberg

Tools used in the lab sit at L'Oreal SA's first research and innovation center in Mumbai, India, on Thursday, Jan. 10, 2013. L’Oreal SA, the world’s largest cosmetics maker, today inaugurated its new Indian R&I center. Photographer: Dhiraj Singh/Bloomberg via Getty Images

Tools used in the lab sit at L'Oreal SA's first research and innovation center in Mumbai, India, on Thursday, Jan. 10, 2013. L’Oreal SA, the world’s largest cosmetics maker, today inaugurated its new Indian R&I center. Photographer: Dhiraj Singh/Bloomberg via Getty Images

L'Oreal Chairman Jean-Paul Agon Attends Opening Of L'Oreal's First Research and Innovation Center in India

Bloomberg

Tools used in the lab sit at L'Oreal SA's first research and innovation center in Mumbai, India, on Thursday, Jan. 10, 2013. L’Oreal SA, the world’s largest cosmetics maker, today inaugurated its new Indian R&I center. Photographer: Dhiraj Singh/Bloomberg via Getty Images

Tools used in the lab sit at L'Oreal SA's first research and innovation center in Mumbai, India, on Thursday, Jan. 10, 2013. L’Oreal SA, the world’s largest cosmetics maker, today inaugurated its new Indian R&I center. Photographer: Dhiraj Singh/Bloomberg via Getty Images

L'Oreal Chairman Jean-Paul Agon Attends Opening Of L'Oreal's First Research and Innovation Center in India

Bloomberg

Tools used in the lab sit at L'Oreal SA's first research and innovation center in Mumbai, India, on Thursday, Jan. 10, 2013. L’Oreal SA, the world’s largest cosmetics maker, today inaugurated its new Indian R&I center. Photographer: Dhiraj Singh/Bloomberg via Getty Images

Tools used in the lab sit at L'Oreal SA's first research and innovation center in Mumbai, India, on Thursday, Jan. 10, 2013. L’Oreal SA, the world’s largest cosmetics maker, today inaugurated its new Indian R&I center. Photographer: Dhiraj Singh/Bloomberg via Getty Images